Harbor Capital Advisors Inc. Raises Position in NCR Voyix Co. (NYSE:VYX)

Harbor Capital Advisors Inc. boosted its stake in shares of NCR Voyix Co. (NYSE:VYX - Free Report) by 92.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 985,854 shares of the company's stock after purchasing an additional 472,904 shares during the period. Harbor Capital Advisors Inc. owned about 0.68% of NCR Voyix worth $13,378,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Management Group Inc. boosted its stake in shares of NCR Voyix by 37.8% in the third quarter. Private Management Group Inc. now owns 2,316,872 shares of the company's stock worth $31,440,000 after acquiring an additional 635,062 shares during the period. Trajan Wealth LLC grew its holdings in NCR Voyix by 25.6% during the 3rd quarter. Trajan Wealth LLC now owns 14,046 shares of the company's stock valued at $191,000 after buying an additional 2,863 shares in the last quarter. New World Advisors LLC bought a new stake in shares of NCR Voyix during the third quarter valued at approximately $235,000. State of Alaska Department of Revenue lifted its holdings in shares of NCR Voyix by 2.6% in the third quarter. State of Alaska Department of Revenue now owns 82,957 shares of the company's stock worth $1,125,000 after buying an additional 2,073 shares in the last quarter. Finally, Clear Harbor Asset Management LLC bought a new position in shares of NCR Voyix during the third quarter worth $312,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on VYX shares. DA Davidson cut their price objective on NCR Voyix from $20.00 to $16.00 and set a "buy" rating for the company in a research report on Friday, August 9th. Needham & Company LLC restated a "buy" rating and set a $20.00 target price on shares of NCR Voyix in a research report on Monday, October 14th. The Goldman Sachs Group initiated coverage on NCR Voyix in a research report on Monday, October 14th. They issued a "neutral" rating and a $14.00 price target for the company. Finally, Royal Bank of Canada decreased their price objective on NCR Voyix from $19.00 to $16.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 7th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.43.

NCR Voyix Stock Performance

NYSE VYX traded down $0.03 on Friday, reaching $12.78. 893,097 shares of the stock traded hands, compared to its average volume of 908,147. The company has a market cap of $1.86 billion, a price-to-earnings ratio of -3.20 and a beta of 1.64. NCR Voyix Co. has a 12 month low of $10.87 and a 12 month high of $17.39. The company has a fifty day moving average price of $13.21 and a 200-day moving average price of $13.08.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). The business had revenue of $876.00 million during the quarter, compared to the consensus estimate of $886.60 million. NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The company's revenue for the quarter was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 EPS. As a group, research analysts anticipate that NCR Voyix Co. will post -1.52 earnings per share for the current fiscal year.

Insider Buying and Selling at NCR Voyix

In other news, insider James G. Kelly bought 14,800 shares of the stock in a transaction on Tuesday, August 27th. The stock was bought at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the completion of the purchase, the insider now directly owns 46,900 shares in the company, valued at approximately $628,929. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Brian J. Webb-Walsh bought 10,000 shares of NCR Voyix stock in a transaction that occurred on Thursday, August 8th. The stock was bought at an average price of $11.51 per share, for a total transaction of $115,100.00. Following the purchase, the chief financial officer now directly owns 142,288 shares of the company's stock, valued at approximately $1,637,734.88. The trade was a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider James G. Kelly acquired 14,800 shares of NCR Voyix stock in a transaction dated Tuesday, August 27th. The stock was purchased at an average price of $13.41 per share, with a total value of $198,468.00. Following the completion of the purchase, the insider now owns 46,900 shares of the company's stock, valued at approximately $628,929. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 46,492 shares of company stock worth $577,993 over the last quarter. Insiders own 0.61% of the company's stock.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.